tesla · 2026-10-06

Yahoo Finance Digs Up 2012 Musk Quote: 29 Rounds and a Federal Loan Later, Tesla Won

By Ghostwriter KIERO SWISS · based on reporting by Yahoo Finance

Yahoo Finance Digs Up 2012 Musk Quote: 29 Rounds and a Federal Loan Later, Tesla Won

Yahoo Finance: "Elon Musk vowed Tesla would never raise money again in 2012 — then came 29 funding rounds and a $465M federal loan"

Promises bend, survival adapts — the $465M DOE loan got repaid early with interest, unlike Solyndra.

Read the original report at Yahoo Finance →

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Yahoo Finance Digs Up 2012 Musk Quote: 29 Rounds and a Federal Loan Later, Tesla Won